Vietnam ran a surplus of 7.25 billion USD in agro-forestry-fishery trade in January-September, 15.7 percent higher than the same period last year, the latest updates of the Ministry of Agriculture and Rural Development showed.
Experts said that trade remedies tended to increase, at the seminar on the impacts of safeguard measures in 2019 and the policy trend on trade remedies after the EU-Vietnam Free Trade Agreement (EVFTA) held by the Ho Chi Minh City Centre of International Integration Support on October 2.
The industry and trade sector is exerting all-out efforts to achieve the target of 300 billion USD in export turnover this year in the context that the COVID-19 pandemic is seriously affecting global trade.
Vietnam’s export and import revenues in the first nine months of 2020 reached US$388.73 billion, representing an increase of 1.8% compared to the same period last year, the General Statistics Office (GSO) reported on September 29.
Indicating a spilling over of border tensions into the world of trade, India has begun a probe into the alleged dumping of a certain pharmaceutical raw material by Chinese companies.
The United States notified the Dispute Settlement Body on 28 September 2020 of its decision to appeal the panel report in the case brought by Canada in “United States — Countervailing Measures on Softwood Lumber from Canada” (DS533).
India is investigating imports of copper tubes and pipes from Malaysia, Vietnam and Thailand, to determine whether producers in these countries were receiving unfair subsidies, the government said.